Daily Energy Market Report Thurs 27th Sept 18

Daily Energy Market Report Thursday 27th September 2018   Daily Energy Market – System length and falling demand have kept the NBP long this morning, weighing on the Prompt to near curve. Further out forward curve contracts are finding weight from weak EU ETS contracts and softening API2 coal – it would seem the market…
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Daily Energy Market Report Tuesday 25th September 2018

Daily Energy Market Report Tuesday 25th September 2018   Warmer climes are set for the remainder of this week with CCGT demand reducing as wind increases, alas next week will bring temperatures cooler, and at times below the respective seasonal normal with low wind. The NBP has opened long and demand has fallen 14mcm below…
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Daily Energy Market Report 31st August 2018

Daily Energy Market Report 31st August 2018   There were losses on the curve late in the day on the NBP yesterday with a drop in coal, however this morning prices have opened higher after a strong open in carbon EUA’s. Oil is relatively flat with a trade – off between the bulls; US sanctions…
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Daily Energy Market Report Thursday 30th August 2018

Daily Energy Market Report Thursday 30th August 2018   Strong open on the NBP this morning as result of gains in both coal and oil. Coal continues to be driven upwards off the back of strong demand for power burn with low wind on the continent, warm drier weather and nuclear outage in France all…
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Daily Energy Market Report Tuesday 24th August 2018

Daily Energy Market Report Tuesday 24th August 2018   The UK system has opened balanced this morning at 0.8mcm long with demand in line with seasonal normal at 170mcm. Norwegian flows along the Langeled pipeline are flowing at 15mcm as result of outages, both planned and unplanned. Planned Norwegian maintenance is ongoing at a number…
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Daily Energy Market Report Friday 10th August 2018

Daily Energy Market Report Friday 10th August 2018   Similar to yesterday cooler weather is set to arrive next week bringing temperatures closer to the seasonal norms with a calm and dry system due to return the following week. The NBP once again has opened long as demand falls 4mcm below seasonal norms. Norwegian flows…
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Daily Energy Market Report Thursday 9th August 2018

Daily Energy Market Report Thursday 9th August 2018   Cooler climes are set to arrive next week as temperatures edge closer to seasonal norms bringing higher wind levels. Alas, this will be short lived as calm, dry and warm weather is due to arrive towards the end of next week. The NBP has opened 17mcm…
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History of Energy Prices Wednesday 08 August 2018

History of Energy Prices Wednesday 08 August 2018   Historic Factors   07 August 2018 – The US re-imposed economic sanctions on Iran, severely hindering Iranian oil output. Brent and the NBP lifted as a result.   25 July 2018 – Strength in Coal continues to drive the NBP with increases in Asian and European…
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